Microsoft to Pay $200 Million
For Acquisition of PlaceWare

WASHINGTON -- Microsoft Corp. agreed to pay approximately $200 million for closely-held PlaceWare Inc., according to Microsoft's quarterly report filed Friday with the Securities and Exchange Commission.

Also in the filing Friday, Microsoft reported improved gross margins overall and in its client unit. Separately Friday, the Redmond, Wash., company said it has asked its Xbox parts suppliers to make "applicable adjustments"...